174 Addington Road, Selsdon, Surrey, CR2 8YL

Location:

The property fronts a bustling main road location in Selsdon’s prime retail shopping area.  Nearby multiple retailers include Costa Coffee, HSBC, WHSmith Local, Lloyds Pharmacy, Barclays, Yorkshire Building Society, Coop Funeralcare, Iceland, Nationwide, Day Lewis Pharmacy, William Hill and Dominos Pizza.  A location plan and street view can be viewed online through Google Streetview by typing in the property’s postcode CR2 8YL.

Description/Accommodation:
The property comprises a ground floor retail unit with ancillary accommodation over part first floor (rear aspect).  the second floor and part first floor have been sold off on a long leasehold interest basis and are therefore not included within the accommodation.

THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS

Terms:                                                                                                   
The property is available to let on a new effective full repairing an insuring lease for a term to be agreed at a commencing rent of £22,000 per annum exclusive.

Freehold Interest:                                                                                               
Offers in the region of £330,000

Planning:
We understand the existing commercial use of the property falls within a mixed A1 (Shops) and A2 (Financial & Professional Services Use Class as defined by the Town and Country Planning (Use Classes) Order 1987 (As amended)

Business Rates:                                                                         
According to the Government Website the current Rateable Value of the property is £14,250 pa    The UBR for 2020/21 is 49.9p in the £.  The Rates Payable are £7,110.75.  Interested parties are advised to make their own enquiries to Croydon  Business Rates Department to verify the above.

Legal costs:                                                                                       
Each party to be responsible for their own legal costs.

Energy Performance Certificate:
Full information available upon request.

Viewing                                                                                                 
For further information, or to arrange an inspection please contact Joit Sole Agents Gildersleve & Payne  Nick Payne  MRICS               Email: nickp@gpcommercial.co.uk
or David Sutton BA (Hons) Email david.s@gpcommercial.co.uk
Tel 020 8686 4400

OR

Henry Adams Commercial
Andrew Algar   Email:  andrew.algar@henryadams.co.uk
Tel 01403 282519

Property Misdescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice
Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk